Pivot
(invalidation): 7.9000
Our preference
Short positions below 7.9000 with targets at 7.8640 & 7.8470 in extension.
Alternative scenario
Above 7.9000 look for further upside with 7.9240 & 7.9410 as targets.
Comment
Even though a continuation of the technical rebound cannot be ruled out, its extent should be
limit
(By Swissquote TRADING CENTRAL)
